HOUSE BILL 42

File Code: Taxes - Recordation and Transfer

Sponsored By:

Delegates Barve, Gilchrist, and Simmons

Entitled:

Recordation Tax - Distribution to Municipal Corporations

Synopsis:

Requiring a county to distribute to a municipal corporation 50% of any recordation tax attributable to an instrument of writing for property located in the municipal corporation.

History by Legislative and Calendar Date

House Action

10/29

First Reading Ways and Means

10/30

Hearing 11/3 at 10:00 a.m.

Senate Action

No Action

Sponsored by:

Delegate Kumar P. Barve, District 17

Delegate Jim Gilchrist, District 17

Delegate Luiz R. S. Simmons, District 17

Bill indexed under the following Subjects:

Counties -see also- Chartered Counties; Code Counties

Local Government Mandates

Municipal Corporations -see also- Annap; Balt; Hager; OC

Real Property

Recordation

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statute:

Tax - Property

( 12-110 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered